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Biotech Acquisition Company (BAC) was a Special Purpose Acquisition Company (SPAC) that completed a $230 million IPO in January 2021. It successfully entered a merger agreement with Blade Therapeutics, Inc. on November 8, 2021 (with closing expected in Q2 2022), to form Blade Biotherapeutics, Inc., thereby fulfilling its purpose as a blank check company. BAC is no longer active as a standalone entity.
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